Canara HSBC Life IPO vs Urban Company IPO

Comparison between Canara HSBC Life IPO and Urban Company IPO.

IPO Details

Canara HSBC Life IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Urban Company IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Canara HSBC Life IPO is up to ₹2,517.50 Cr whereas the issue size of the Urban Company IPO is up to ₹1,900.24 Cr. The final issue price of Canara HSBC Life IPO is ₹106.00 per share and of Urban Company IPO is ₹103.00 per share.

 Canara HSBC Life IPOUrban Company IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹100.00 per share₹98.00 per share
Issue Price (Upper)₹106.00 per share₹103.00 per share
Issue Price (Final)₹106.00 per share₹103.00 per share
Discount (Retail)
Discount (Employee)₹10.00 per share₹9.00 per share
Market Lot Size140 shares145 shares
Fresh Issue Size0 shares4,58,48,481 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹472.24 Cr
OFS Issue Size23,75,00,000 shares13,86,40,774 shares
OFS Issue Size (Amount)up to ₹2,517.50 Crup to ₹1,428.00 Cr
Issue Size Total23,75,00,000 shares18,44,89,255 shares
Issue Size Total (Amount)up to ₹2,517.50 Crup to ₹1,900.24 Cr

IPO Timetable

Canara HSBC Life IPO opens on Oct 10, 2025, while Urban Company IPO opens on Sep 10, 2025. The closing date of Canara HSBC Life IPO and Urban Company IPO is Oct 14, 2025, and Sep 12, 2025, respectively.

 Canara HSBC Life IPOUrban Company IPO
Anchor Bid DateOct 09, 2025Sep 09, 2025
Issue OpenOct 10, 2025Sep 10, 2025
Issue CloseOct 14, 2025Sep 12, 2025
Basis Of Allotment (Tentative)Oct 15, 2025Sep 15, 2025
Initiation of Refunds (Tentative)Oct 16, 2025Sep 16, 2025
Credit of Share (Tentative)Oct 16, 2025Sep 16, 2025
Listing date (Tentative)Oct 17, 2025Sep 17, 2025
Anchor Lockin End date 1Nov 13, 2025Oct 16, 2025
Anchor Lockin End date 2Jan 12, 2026Dec 14, 2025

Financials & KPIs

Canara HSBC Life IPO P/E ratio is 86.08, as compared to Urban Company IPO P/E ratio of 59.71.

 Canara HSBC Life IPOUrban Company IPO
Financials

Company Financials (Restated)

Canara HSBC Life Insurance Co.Ltd.'s revenue decreased by 3% and profit after tax (PAT) rose by 3% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets44,047.9841,852.0937,815.8030,548.89
Total Income42.35234.01240.88261.59
Profit After Tax23.41116.98113.3291.19
EBITDA31.28149.91146.56118.82
NET Worth1,540.281,516.861,418.881,353.07
Reserves and Surplus590.28566.86468.88403.07
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Urban Co.Ltd.'s revenue increased by 36% and profit after tax (PAT) rose by 358% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets2,200.641,638.651,631.22
Total Income1,260.68927.99726.24
Profit After Tax239.77-92.77-312.48
NET Worth1,781.281,292.641,339.46
Reserves and Surplus2,646.122,404.692,402.82
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)7759.88
Promoter Shareholding (Post-Issue)6220.43
P/E Ratio86.0859.71
Market Cap₹10070.00 Cr.₹14789.55 Cr.
ROE7.71%
ROCE
Debt/Equity
EPS₹1.23₹1.72
RoNW7.97%13.35%

Shares Offered

In the Canara HSBC Life IPO Retail Individual Investors (RII) are offered 8,25,82,500 shares while in Urban Company IPO retail investors are offered 8,25,82,500 shares. Qualified Institutional Buyers (QIB) are offered 4,71,90,000 shares in Canara HSBC Life IPO and 5,52,66,990 shares in Urban Company IPO.

 Canara HSBC Life IPOUrban Company IPO
Anchor Investor Reservation7,07,85,000 shares8,29,00,485 shares
Market Maker Reservation0 shares0 shares
QIB4,71,90,000 shares5,52,66,990 shares
NII3,53,92,500 shares2,76,33,494 shares
RII8,25,82,500 shares1,84,22,329 shares
Employee15,50,000 shares2,65,957 shares
Others
Total23,75,00,000 shares18,44,89,255 shares

Bids Received (Subscription)

Canara HSBC Life IPO subscribed 2.30x in total, whereas Urban Company IPO subscribed 108.98x.

 Canara HSBC Life IPOUrban Company IPO
QIB (times)7.05x147.35x
NII (times)0.33x77.82x
Big NII (times)0.28x86.75x
Small NII (times)0.44x59.95x
RII (times)0.42x41.49x
Employee (times)2.06x42.55x
Other (times)
Total (times)2.30x108.98x

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